Bulk Commodity Price Index 2016 Sample

Bulk Commodity
Price Index®
Dec 2016
Past results are no guarantee of future performance. Commodity investing can be very volatile,
risky, and no one should consider any commodity based investment unless they understand the
risks and are a qualified investor. Whilst care has been taken in the production of this report, we
does not guarantee accuracy of results presented.
Contact : Daejin Lee / daejin82@gmail.com / www.JinreSearch.com

BCPI® Summary 2016
2
Commodity 1Q16 2Q16 3Q16 4Q16 2016
Yearly
Change
Energy
Brent 632 843 843 910 806 -16.0%
Steam 825 849 1048 1513 1050 11.8%
Steel
Rebar 752 864 948 1102 913 9.2%
Iron Ore 682 781 817 980 812 4.2%
Coking 695 832 1079 2433 1236 56.4%
Grain
Soybean 878 1057 1006 999 986 4.6%
Wheat 801 814 705 699 755 -13.4%
Corn 917 991 841 882 908 -4.5%
Sugar 1014 1203 1436 1481 1282 38.5%
Base
Metal
Nickel 567 588 684 722 639 -19.0%
Alum 820 851 877 925 867 -4.6%
Copper 749 758 764 841 776 -11.6%
BCPI
(Jan 2015 = 1000)
719 825 869 1059 863 -2.6%
0
200
400
600
800
1,000
1,200
1,400
1,600
Energy Steel Grain Base Metal
BCPI 2016
1Q 2Q 3Q 4Q

BCPI® Energy 2016
BCPI® Steel 2016
3
0
200
400
600
800
1,000
1,200
1,400
1,600
Brent Steam
BCPI ENERGY 2016
2015 2016 1Q 2Q 3Q 4Q
0
500
1,000
1,500
2,000
2,500
3,000
Rebar I'Ore Coking
BCPI STEEL 2016
1Q 2Q 3Q 4Q

BCPI® Grain 2016
BCPI® Base Metal 2016
4
0
200
400
600
800
1,000
1,200
1,400
1,600
S'bean Wheat Corn Sugar
BCPI GRAIN 2016
1Q 2Q 3Q 4Q
0
100
200
300
400
500
600
700
800
900
1,000
Nickel Aluminium Copper
BCPI BASE METAL 2016
1Q 2Q 3Q 4Q

BCPI® Dec 2016
5
Commodity Unit Dec 2016 Nov 2016 MoM Dec 2015 YoY
Energy
Brent US$/bbl 55 47 16.2% 39 40.3%
Steam US$/t 87 103 -15.6% 52 66.6%
Steel
Rebar RMB/t 3255 2879 13.1% 1692 92.4%
Iron Ore US$/t 80 72 10.7% 40 98.6%
Coking US$/t 268 300 -10.7% 75 258.5%
Grain
Soybean ￠/bu 1025 1007 1.8% 880 16.5%
Wheat ￠/bu 406 403 0.8% 474 -14.3%
Corn ￠/bu 336 336 0.0% 369 -9.2%
Sugar ￠/lb 19 21 -10.1% 15 25.1%
Base
Metal
Nickel US$/t 11181 11123 0.5% 8732 28.0%
Alum US$/t 1733 1733 0.0% 1498 15.7%
Copper US$/t 5696 5425 5.0% 4633 22.9%
BCPI
(Jan 2015 = 1000)
825 825 -2.6% -2.6% -2.6%
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
1,500
Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16
( Jan 2015 = 1000)
BCPI Iron Ore Brent Rebar Steam Coal
Coking Coal Soybean Wheat Corn Sugar
Nickel Aluminium Copper

BDI & BCPI® Correlation
Major Commodity Indices & BCPI
6
60
70
80
90
100
110
120
(Jan 2015 = 100 )
CCI S&P Bloomberg RICI LMEX BCPI
* 5 days moving average graph
400
500
600
700
800
900
1000
1100
1200
0
200
400
600
800
1000
1200
1400
Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16
BCPIBDI
BDI BCPI(right)

BCPI® Energy
Energy Commodities
7
20
30
40
50
60
70
80
90
100
110
'14.9
'14.12
'15.3
'15.6
'15.9
'15.12
'16.3
'16.6
'16.9
'16.12
Brent
($/bbl)
40
50
60
70
80
90
100
110
120
'15.4 '15.7 '15.10 '16.1 '16.4 '16.7 '16.10
Steam Coal
($/ton)
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
1,500
Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16
( Jan 2015 = 1000)
BCPI
Brent
Steam Coal

BCPI® Steel
Steel Making Commodities
8
70
80
90
100
110
120
130
140
'14.4
'14.7
'14.10
'15.1
'15.4
'15.7
'15.10
'16.1
'16.4
'16.7
Coking Coal
($/ton)
0
20
40
60
80
100
120
140
160
0
500
1000
1500
2000
2500
3000
3500
4000
'14.1
'14.4
'14.7
'14.10
'15.1
'15.4
'15.7
'15.10
'16.1
'16.4
'16.7
(US$/t)(RMB/t)
Iron Ore (Right)
Rebar
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
1,500
( Jan 2015 = 1000)
BCPI Iron Ore Coking Coal Rebar

BCPI® Grain
Grain
9
250
350
450
550
650
750
850
'14.2
'14.5
'14.8
'14.11
'15.2
'15.5
'15.8
'15.11
'16.2
'16.5
'16.8
Wheat Corn
(cent/bushel)
800
1000
1200
1400
1600
'14.2
'14.5
'14.8
'14.11
'15.2
'15.5
'15.8
'15.11
'16.2
'16.5
'16.8
Soybean
(cent/bushel)
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
1,500
( Jan 2015 = 1000)
BCPI Soybean Wheat Corn Sugar

BCPI® Base Metal
Base Metal
10
500
600
700
800
900
1,000
1,100
1,200
( Jan 2015 = 1000)
BCPI Nickel Aluminium Copper
4000
4500
5000
5500
6000
6500
7000
7500
'14.9
'14.12
'15.3
'15.6
'15.9
'15.12
'16.3
'16.6
'16.9
'16.12
Copper
($/ton)
8000
10000
12000
14000
16000
18000
20000
22000
'14.8
'14.11
'15.2
'15.5
'15.8
'15.11
'16.2
'16.5
'16.8
'16.11
Nickel
($/ton)

BCPI® Methodology
1. Commodity Prices at 2nd Jan 2015
BCPI® index is an assessment of the average price of the 12 major bulk materials, taking
the prices on January 2 2015 at 1,000 pts. The index value is calculated as the average of
the index for each commodities multiplied by the corresponding weights derived from
seaborne bulk trade volume in 2015
1. Brent: Brent Crude Oil Price, Unit: USD/barrel, Source: ICE
2. Rebar: Steel Rebar Price, Unit: RMB/ton, Source: SHFE
3. Iron Ore: Iron Ore 62% CFR China, Unit: USD/ton, Source: Metal Bulletin
4. Steam Coal: Newcastle Coal Futures (NCF), Unit: USD/ton, Source: ICE
5. Coking Coal: Prem Low Vol HCC / Australia FOB, Unit: $/t, Source: SBB
6. Soybean: US Soybean Price, Unit:￠/bu(bushel), Source: CME(CBOT)
7. Wheat: Chicago SRW Wheat Futures, Unit: US￠/bu, Source: CME(CBOT)
8. Corn: US Corn Price, Corn Futures, Unit: US￠/bu, Source: CME(CBOT)
9. Sugar: No. 11 Sugar Futures, Unit: ￠/lb, Source: CME(NYBOT)
10. Nickel: LME Nickel Price Unit: USD/MT, Source: LME
11. Aluminium: LME Aluminum Price, Unit: USD/MT, Source: LME
12. Copper: LME NC Price Unit: USD/MT, Source: LME
2. Index weighting as per seaborne bulk trade volume in 2015
3. Commodity Index Methodology links
LMEX: https://www.lme.com/metals/non-ferrous/lmex
Rogers: http://www.rogersrawmaterials.com/weight.asp
Bloomberg: http://www.bloombergindices.com/
CCI: http://online.thomsonreuters.com/indices/
S&P GSCI: http://www.goldmansachs.com/what-we-do/index.html
11
Brent Rebar I'Ore Steam Coking S'bean Wheat Corn Sugar Nickel Alum Copper BCPI
56 2556 71 61 110 1003 581 396 14 15000 1848 6247 1000
$/bbl RMB/t $/t $/t $/t ￠/bu ￠/bu ￠/bu ￠/lb $/t $/t $/t pt
Volume Crude Steel I’Ore Steam Coking S’bean Wheat Corn Sugar Nickel Bauxite Other
Million Ton 1943 323 1365 883 252 128 319 56 56 44 124 1208
Weighting 29.2% 4.9% 20.5% 13.3% 3.8% 1.9% 4.8% 0.8% 0.8% 0.7% 1.9% 18.2%

12
Thank you
Previous Reports :
(1) Bulk Supply : The Seeds of Recovery
(2) Tanker Supply : Oil Prices and Oversupply)
(3) Coal Trade Market : The end of the coal era, soon or yet?
(4) Iron Ore Trade Market : Chinese steel market
(5) Understanding Bulk Shipping Market
(6) Shipping Market Chartpack 2016
(7) Shipping Supply Chartpack 2016
We invite any comments and/or questions you may have. If you need bespoke reports
& analysis, we would love to meet specific client needs. To discuss any individual
requirements please contact below
Daejin Lee / Commodity Research / Shipping / FFA
Mob: +82-10-3462-5311
Email: daejin82@gmail.com
This report has been produced for general information. Whilst care has been taken in the
production of this report, no liability or responsibility can be accepted for any loss incurred in
any way whatsoever by any person who may seek to rely on the information contained herein.
The information in this report may not be reproduced without the written permission.
본 자료에 수록된 내용은 당사에서 수집한 자료 및 정보를 기초로 작성된 것이나 당사가 그 자료
및 정보의 정확성이나 안정성을 보장할 수는 없으므로 어떠한 경우에도 본 자료는 투자의 결과에
대한 법적 책임 소재에 대한 증빙 자료로 사용될 수 없습니다. 본 자료에 첨부된 모든 자료는 당사
의 저작물로서 당사의 동의 없이 어떤 형태로든 복제, 배포, 전송, 변형할 수 없습니다.

Bulk Commodity Price Index 2016 Sample

More Related Content

What's hot (19)

Viewers also liked (16)

Similar to Bulk Commodity Price Index 2016 Sample (20)

Recently uploaded (20)

Bulk Commodity Price Index 2016 Sample